Iceland refused to purchase Chinese real estate developers questioned by the Prime Minister

by · November 26, 2011

Group Chairman Huang Kun angry waves. (Picture) the reporter Hu Xuebo photo

power, according to Xinhua News Agency November 25, local time in Iceland, the Icelandic Minister of the Interior 奥格蒙迪尔 Yuena Song announced after a cabinet meeting, Iceland’s government decided not to approve the private sector in China Investment Group Co., Ltd.-kun on the particular application to purchase land in Iceland.

Yuena Song said, after careful study of the Icelandic Ministry of the Interior determined that the Icelandic government Kun Group does not have to apply for special approval of its purchase of the necessary conditions, and therefore decided to reject the application. He said that the Icelandic government’s decision has a significant case, government will apply to similar cases in accordance with this ruling. Yuena Song quite a tough tone: “can not say Yes”, “No matter how you look, we will not allow.” He also stressed that this is final, no room for change.

Kun Group in Iceland earlier this year offered to buy the Dir district of northeastern Grimstad 75% of 300 square kilometers of land ownership for the development of eco-tourism projects. The news came out, a few opponents of the Western part of the media quoted the words of presumptuous claim, this may indicate that China’s investment projects, strategic considerations and political interests.

Investment Group Co., Ltd. Kun Huang angry wave in August issued a statement refuting the claim that the develop-kun to buy Icelandic investment is purely corporate behavior, completely for commercial purposes, and political There is no correlation. “Some people want in order to sow discord in the relationship between Kun and Iceland, destruction of this win-win investment.”

headquarters in Beijing, Kun Group’s main tourist resort in the business, originally planned $ 200 million in Iceland to develop tourism projects, including $ 8,000,000 to purchase land, and the remaining funds for specific projects.

>> Kun response

future investment would consider investing in the country’s political environment

purchase of land in Iceland Tourism Development and Investment is not approved, the Group Chairman Huang Kun angry waves very surprised. “In-kun to Invest in Iceland Government of Iceland should have been invited to the investment, the President of Iceland, the Prime Minister are all welcomed in the investment-kun, is kept so late in the Kun fill material, all the information people are optimistic, but I never thought that morning was Minister of the Interior refused, and it makes me very surprised. “Huang said the angry waves, although very respected investor’s decision, but he denied that the investment in Kun purely partisan struggle of a different Iceland victim.

“Iceland’s Ministry of the Interior refused to buy one of the key reasons for application must be individuals, not the company put forward at the same time, the applicant lived in Iceland for five years, which in contact in our previous never been informed, on the contrary, Iceland in requires that we first have to register a company in Iceland, while the board 2/3 of members must be Icelanders now grounds for rejection of the previous communication with the opposite. “

It is understood that the Icelandic Ministry of the Interior’s decision in Iceland produced a strong reaction, including the Prime Minister of Iceland was a lot of politicians, including the question, and local farmers are disappointed.

Huang angry waves that, even if Iceland’s investment is not successful, it will not change in the Nordic-kun to expand the strategic plan, “many opportunities to go out, present, many countries want to invest in the Chinese, Danish, Sweden and other countries are a lot of contact with the in-kun, we will choose the right time and the right of countries to expand, but the investment in the future, we must not only consider the economic environment, natural environment, but also consider investing in the country’s political environment. “

(Reporters Luhuan)

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